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|||Page|
|---|---|---|
|Trustees'
Annual
Report||1-5|
|Independent
Auditor's|Report|6-7|
|Statement ofFinancial|Activities||
|Balance Sheet|||
|Cash Flow Statement||10|
|Schedule ofInvestments
and Income|||
|Notes to the Financial|Statements|12 - 19|
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||||||2021|2021|2020|
|---|---|---|---|---|---|---|---|
|||||Note|Unrestricted|Total|Prior year|
||||||funds|funds|total funds|
|||||||8||
|Income from:||||||||
|Invesnnents|||||635,666|635,666|680,502|
|Total|||||635,666|635,666|680,502|
|Expenditure|on:|||||||
|Raising funds|||||269,109|269,109|230,635|
|Charitable
activities|||||620,609|620,609|829,338|
|Total|||||889,718|889,718|1,059,973|
|Net income/(expenditure)|||||(254,052)|(254,052)|(379,471)|
|Gains/(losses)|on invesnnent||assets|10|2,594,575|2,594,575|(1,367,563)|
|Net movement|in funds||||2,340,523|2,340,523|(1,747,034)|
|Reconciliation|offunds:|||||||
|Total funds brought||forward|||33,651,703|33,651,703|35,398,737|
|Total funds carried||forward|||35,992,226|35,992,226|33,651,703|
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|||AS AT 5APRI|L 2021|||
|---|---|---|---|---|---|
||||Note|2021|2020|
|||||Total|Prior year|
|||||funds|funds|
||||||g|
|Fixed Assets:||||||
|Heritage assets|||11|17,273,835|17,273,435|
|Investment
property|||12|6,372,252|6,365,042|
|Investments|||10|12,362,094|10,066,791|
|Total Fixed Assets||||36,008,181|33,705,268|
|Current Assets:||||||
|Debtors|||14|92,454|100,480|
|Cash at bank|||15|451,037|238,647|
|Total Current
Assets||||543,491|339,127|
|Liabilities:||||||
|Creditors: Amounts|falling due within|one year|16|(559,446)|(392,692)|
|Net Current
Assets|or Liabilities|||(15,955)|(53,565)|
|Total Net Assets or|Liabilities|||35,992,226|33,651,703|
|The Funds ofthe Charity:||||||
|Unrestricted
funds||||35,992,226|33,651,703|
|Total Charity Funds||||35,992,226|33,651,703|
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||||||2021|2020|
|---|---|---|---|---|---|---|
|||||Note|Total|Prior year|
||||||funds|total funds|
||||||g|g|
|Cash generate from operating|activities:||||||
|)yet cash provided
by (used in) operating||activities||19|(710,955)|(1,124,292)|
|Cash flows from other sources:|||||||
|Dividends,
interest and rents from investments|||||635,666|680,502|
|Proceeds from sale ofinvestments|||||299,272|359,157|
||||||934,938|1,039,659|
|Application
ofcash:|||||||
|Purchase ofproperty,
chattels, plant and||equipment|||(11,593)|(2,199)|
|Purchase ofinvestments|||||||
||||||(11,593)|(2,199)|
|Net increase/(decrease)
in cash|||||212,390|(86,832)|
|Cash at bank and in hand less overdrafls||at|the beginning||||
|ofthe year|||||238,647|325,479|
|Cash at bank and in hand less|overdrafts||at year end|20|451,037|238,647|
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||||FO|R|T|HE YEA|R|ENDED|5A|PRIL 202|1||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|4.|Investment
income||||||||||||2021|2020|
||||||||||||||g||
||Income from|investments|||||||||||111,905|136,643|
||Gross interest|||||||||||||504|
||Rent from Business Centre||||||||||||512,611|534,110|
||Rent from 22 Cootham Green||||||||||||11,150|9,245|
||||||||||||||635,666|680,502|
|5.|Expenditure|on raising|funds||||||||||2021|2020|
|||||||||||||||g|
||Expenditure|at Business Centre|||||||||||262,841|222,350|
||Investment
management||fees||||||||||4,529|4,692|
||Expenditure|at 22 Cootham Green|||||||||||1,739|3,593|
||||||||||||||269,109|230,635|
|6.|Charitable
activities|||||||||Direct|||Support||
|||||||||||costs|||costs||
|||||||||||(see note 7)||(see note 8)||Total|
|||||||||||||||g|
||Charitable
expenditure|||||||||575,161|||45,448|620,609|
|7.|Direct costs||||||||||||||
||The Charity|undertook|no|direct||charitable||activities|but|awarded|grants||to two|institutions
in|
||furtherance
ofits charitable objectives. These|||||||are as follows:|||||||
||Parham
Park|Limited||||||||||||559,411|
||Blockley and|District Allotment|||Association|||||||||15,000|
||The Cure Parkinson's
Trust|||||||||||||750|
||Total for the year|||||||||||||575,161|
||Analysis ofgrants made|||||||||Grants to|||Grants to||
|||||||||||institutions||individuals||Total|
||||||||||||||g|g|
||Advancement|ofhealth or the saving oflives||||||||750||||750|
||Advancement|ofcitizenship||or community|||development|||15,000||||15,000|
||Advancement|ofthe arts,|culture,|||heritage or||science||559,411||||559,411|
|||||||||||575,161||||575,161|
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||||||||
|---|---|---|---|---|---|---|
|Support costs|||||2021|2020|
|Administration|expenses||||37,606|34,670|
|Legal fees||||||2,542|
|Bank charges|||||5|65|
|Legal Entity Identification|||number|fee|70|75|
|Portfolio Stewardship||fees|||7,767|]4,502|
|Other expenses||||||557|
||||||45,448|52,411|
##
|10.|Fixed asset investments|2021|2020|
|---|---|---|---|
||Market value brought
forward|10,066,791|11,793,511|
||Additions|||
||Less disposal
proceeds|(299,272)|(359,157)|
||Net gains/(losses)
on investments|2,594,575|(1,367,563)|
||Market value carried forward|12,362,094|10,066,791|
||Geographical
analysis|2021|2020|
||United
Kingdom
investments|12,280,536|9,976,979|
||Overseas
investments|81,558|89,812|
|||12,362,094|10,066,791|
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||FORTHE Y|EAR ENDED 5|APRIL 2021|||
|---|---|---|---|---|---|
|11.Heritage
Assets||Parham|Parham|||
|||Estate|Chattels|2021|2020|
||||||g|
|Cost or valuation|at 6April 2020|4,634, 104|12,639,331|17,273,435|17,273,435|
|Additions|||400|400||
|Less disposal proceeds||||||
|Cost or valuation|at 5 April 2021|4,634, 104|12,639,731|17,273,835|17,273,435|
||The Parham|Estate is|leased to Parham|Park Limited (a|registered
charity)|registered
charity)|registered
charity)|who is responsible
for|who is responsible
for|
|---|---|---|---|---|---|---|---|---|---|
||preserving,|maintaining|and improving|the property.
Parham||Park and its grounds
are|||opened to the|
||general public from Easter to October each year.|||||||||
|12.|Investment|Property||Northwick||||||
|||||Business|22|Cootham||||
|||||Centre||Green||2021|2020|
|||||g|||||g|
||Fair Value at 6 April 2020|||6,085,042||280,000|6,365,042||6,362,843|
||Additions|||7,210||||7,210|2,199|
||Revaluation|||||||||
||Fair Value|at 5 April 2021||6,092,252||280,000|6,372,252||6,365,042|
||Cost at 5 April 2021|||795,943||294,375||1,090,318|1,083,108|
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|||||FORTHE YEAR ENDED|
5APRIL 2021|||
|---|---|---|---|---|---|---|---|
|14,|Debtors|||||2021|2020|
|||||||8||
||Trade debtors|||||104,755|97,133|
||Provision
for bad debts|||||(19,774)|(4,126)|
||Tenants deposit|held||||7,473|7,473|
||Administration|Expenses||||2,222||
|||||||94,676|100,480|
|15.|Cash at bank|||||2021|2020|
||||||||g|
||Royal Bank of|Scotland||pic||88,141|107,754|
||Schroder &Co|Limited||||269,477|27,041|
||Strutt &Parker|||||93,419|103,852|
|||||||451,037|238,647|
|16.|Creditors: Amounts||falling due within one year|||2021|2020|
||Trade creditors|||||24,639|35,414|
||Tenants deposit|due||||7,473|7,473|
||Accruals and deferred||income|||5,711|3,955|
||Investment
management|||fees||70|75|
||Grants to Institutions|||||523,775|345,775|
|||||||561,668|392,692|
|17.|Commitments|made|||Annual|Number|Total|
||||||value|ofyears||
||No conditions
attached:|||||||
||Parham
Park Limited||||n/a|n/a|523,775|
||||||||523,775|
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|18.|Movement
in funds||||||||2021|2020|
|---|---|---|---|---|---|---|---|---|---|---|
|||||||||||8|
||Unrestricted
funds:||||||||||
||Balance brought
forward||||||||33,651,703|35,398,737|
||Net movement
in funds||||||||2,340,523|(1,747,034)|
||Balance carried forward||||||||35,992,226|33,651,703|
||Net movement
in funds included|||in the above||are as follows:|||||
||||||||||Gains and|Movement|
||||||||Income|Outgoings|losses|in funds|
||||||||g|8|g|8|
||Unrestricted
funds||||||634,419|(888,471)|2,594,575|2,340,523|
|19.|Reconciliation
ofnet income/(expenditure)|||||to|net||2021|2020|
||cash flow from Operating||Activities||||||||
||||||||||g|8|
||Net income/(expenditure)||(as per|the Statement of|||||(250,069)|(379,470)|
||Financial Activities)||||||||||
||Adjustments
for:||||||||||
||Dividends,
interest|and rent from investments|||||||(635,666)|(680,502)|
||(Increase)/decrease|in debtors|||||||8,026|(25,969)|
||Increase/(decrease)|in creditors|||||||166,754|(38,351)|
||Net cash provided
by/(used||in) Operating||Activities||||(710,955)|(1,124,292)|
|20.|Analysis ofcash at|bank|and in|hand less overdrafts|||||2021|2020|
||||||||||g|g|
||Cash at bank and in|hand|||||||451,037|238,647|
||Overdratb
included|in bank loans||and overdralls|||falling||||
||due within
one year||||||||||
||||||||||451,037|238,647|
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